TEMPO.CO, Jakarta - The Jakarta Composite Index (JCI) at the Indonesian Stock Exchange (IDX) went down by 25.75 points or 0.52 percent to close at 4,959.52 points at the end of Monday's trading session, while the the Top 45 (LQ45) Index similarly went down by 5.81 points or 0.68 percent to conclude trading at 851.84 points.
"The Index is moving in the opposite direction to the rest of Asian bourses as investors are increasingly becoming more optimistic of Greece's chances of reaching a deal regarding its' bailout agreement," said the Head of Research for Universal Brokers Indonesia, Satrio Utomo in Jakarta.
According to Satrio, the JCI's downtrend is caused by foreign investors' decision to unload their holdings in the domestic market. Technically speaking, it has driven the Index towards 4,958 points, although the outlook is expected to remain positive and stable.
It is known that throughout Monday's trading session, foreign investors booked a net sell totalling Rp 63.325 billion.
An analyst for Samuel Sekuritas, Ruliff said that the majority of investors are focusing on the financial performance of publicly traded entities in the second quarter (Q2) of 2025, which is expected to reflect the projection of the entities' performance in 2015.
"The Index's movement im today's trading is dominated by depreciations," said Ruliff.
It is known that throughout Monday's trading session, there were 173,167 transactions wherein 2.55 billion shares worth Rp 3.49 trillion. One hundred and seventy eight shares experienced an uptrend, while 99 shares experienced some degree of negative downtrend, and 96 remained stagnant.
Meanwhile across Asia, the Hang Seng Index went up by 320.32 points or 1.20 percent to conclude trading at 27,080.85 points, the Nikkei went up by 253.95 points or 1.26 percent to close at 20,428.19 points, while the Straits Times went up by 21.48 points or 0.68 percent to end trading at 3,323.43 points.